ESAF Small Finance Bank RD (Recurring Deposit) Interest Rate 2026
small finance
ESAF Small Finance Bank RD Interest Rates Apr 2026
| Tenure | Normal Citizen RD Rate | Senior Citizen RD Rate |
|---|---|---|
| 3 Months to 6 Months | 5.25% | 5.75% |
| 6 Months to 9 Months | 6.00% | 6.50% |
| 9 Months to 1 Year | 6.00% | 6.50% |
| 1 year to 2 Years | 8.00% | 8.50% |
| 2 years to 3 Years | 8.50% | 9.00% |
| 3 Years to 5 Years | 6.75% | 7.25% |
| 5 Years to 10 Years | 6.25% | 6.75% |
Note: All interest rates shown above are as on 1st November 2023
ESAF Small Finance Bank RD Scheme Details
Tenure | 3 Months to 10 Years |
Public Interest Rates | 5.25% to 8.50% |
Senior Citizen Interest Rates | 5.75% to 9.00% |
Minimum Deposit Amount | Rs. 500 |
Premature Withdrawal | 1% of deposit |
Highest Rates for Public | 8.50% |
Highest Rates for Senior Citizen | 9.00% |
ESAF Small Finance Bank Returns Based on Investment Amount
| Investment Amount | For 3 years with interest of 6.75% | For 5 years with interest of 6.25% |
|---|---|---|
| ₹ 50,000 | ₹ 1,51,684 | ₹ 2,53,913 |
| ₹ 1 lakh | ₹ 3,03,369 | ₹ 5,07,826 |
| ₹ 2 lakh | ₹ 6,06,737 | ₹ 10,15,652 |
| ₹ 5 lakh | ₹ 15,16,844 | ₹ 25,39,130 |
| ₹ 10 lakh | ₹ 30,33,687 | ₹ 50,78,261 |
Compare ESAF Small Finance Bank vs Punjab National Bank Recurring Deposit
vs
Punjab National Bank
 | | |
|---|---|---|
| Maturity Amount | ₹ 3,03,369 | ₹ 3,02,621 |
| Total Investment Amount | ₹ 3,00,000 | ₹ 3,00,000 |
| Total Interest Gained | ₹3,369 | ₹ 2,621 |
Compare RD Interest Rates of Other Banks
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Calculate ESAF Small Finance Bank Returns
36
3.2 %
₹1,00,000
Total Investment
0
Wealth Gained
₹0
Maturity Amount
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Frequently Asked Questions
As of today, April 18, 2026, the current ESAF Small Finance Bank RD rates range from 5.25% to 8.50% for general citizens and from 5.75% to 9.00% for senior citizens.
ESAF Small Finance Bank RD account can be opened with a minimum deposit of Rs. 500 with tenure ranging 3 Months to 10 Years. ESAF Small Finance Bank recurring deposit account can be opened online or by visiting ESAF Small Finance Bank branches with any ID proof like PAN card, Aadhar card, voter ID, or driving licence etc.
You can close your RD a/c online through "Close A/c" tab or by visiting the branch, this may cost you a penalty. The current premature closer penalty in ESAF Small Finance Bank RD is 1% of deposit.
The maturity amount in ESAF Small Finance Bank recurring deposit account can be calculated by using A = P x(1 + R / N) ^ (NT) formula.
Where:
A: Maturity Amount
P: Recurring Deposit Amount
N: Number of times the interest is compounded
R: annual interest rate
T: Tenure
Example:
If you open recurring deposit account at the ESAF Small Finance Bank for 5 years and planed to invest INR 50,000.The current ESAF Small Finance Bank RD interest rate for 5 year is 6.25%.So using the above formula the maturity amount will be - Rs. 35,26,268.
Where:
A: Maturity Amount
P: Recurring Deposit Amount
N: Number of times the interest is compounded
R: annual interest rate
T: Tenure
Example:
If you open recurring deposit account at the ESAF Small Finance Bank for 5 years and planed to invest INR 50,000.The current ESAF Small Finance Bank RD interest rate for 5 year is 6.25%.So using the above formula the maturity amount will be - Rs. 35,26,268.
The ESAF Small Finance Bank recurring deposit for 12 months or 1 year is - for senior citizen and - for others.
The ESAF Small Finance Bank RD account can be opened with as low as INR Rs. 500 per month. Also, there is no limit on the maximum amount for investment in a ESAF Small Finance Bank RD.
The current highest ESAF Small Finance Bank rd rate is 8.50% p.a. for normal citizen and 9.00% p.a. for senior citizens in India.